Now the BoJ will enter the equity markets in Japan the nikkei...

  1. 10,404 Posts.
    Now the BoJ will enter the equity markets in Japan the nikkei responded with quite a robust rise.. central Banks aren't stupid and the BoJ will only by 'in the dips' thus tying off pullbacks.

    There will almost certainly be more equity buying as the government will want assets to appear to rise creating the illusion of wealth.

    Therefore I'm considering entry into the nikkei which I hope will be carried well into orbit. Another way is to buy usd/jpy which I did mid last month. The nikkei tends to travel with the yen so I'm faced with either trade both or sell more yen.

    Which would be more profitable?
 
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